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Development fees have always been a big topic for Calgary families navigating the housing market. A recent national housing agency study found that if these fees were cut, around 14% more residential projects could become viable across Canada. That’s a huge potential shift—especially in cities like Toronto and Vancouver, where removing these charges could boost viable projects by about 10%. Toronto, in particular, could even cover half its stated housing supply need this way.

Here in Calgary, development fees are a bit more manageable: about $4,000 for a one-bedroom high-rise and $9,000 for a detached home. Compare that to Vancouver, where fees for similar units can run between $20,000 and $33,000. Of course, these fees help fund essentials like roads, sewers, and city services, so finding the right balance is key. The economist behind the study points out that zero isn’t the answer—but lowering fees, especially on family-sized homes, could make a real difference. In markets where new, larger units often cost more than comparable resale homes, this kind of change could finally give families more real options.

After 18 years helping Calgary families find their place, I’ve seen how every dollar matters—especially when it comes to the dream of a bigger home. It’s insights like these that I keep in mind while guiding clients, whether you’re buying your first property or looking for room to grow.

A quieter pace has settled over Calgary’s real estate scene in Mid-Q3. We saw 1,660 sales—a drop of about 16% from last year—with the residential benchmark price easing to $570,000, reflecting a gentle dip of nearly 1%. Condos are feeling the shift most, with apartment benchmarks at $295,000 (down 8% year-over-year) and row homes at $415,000 after about a 5% yearly decline. Detached homes found their footing around $744,000, just under 1% lower than last year, while semi-detached properties edged up slightly to $691,000.

Inventory has also shifted: 3,140 new listings came to market (down 10% annually), leaving buyers with 6,510 available homes—just a touch less than last year. Activity isn’t the same across the board: higher price ranges have steadied thanks to improved supply, but the entry-level market is seeing renters hold back, with attractive rental options making it harder for some to take the leap into ownership.

Having spent nearly two decades guiding Calgary families through these cycles—from the excitement of a first purchase to renovations and investment opportunities—I know how much the numbers only tell part of the story. For anyone watching these trends and wondering what it means for your next step, experience and a local’s perspective truly matter.

As someone who's walked alongside Calgary families through every kind of market over the past 18 years, I keep a close eye on interest rates and what they mean for us locally. The Bank of Canada may be holding steady at 2.25% for now, but several big banks are forecasting gradual increases during 2027. If we see stronger economic growth and inflation sticks around, policymakers may look to nudge rates higher—something that will affect both borrowing costs and savings returns. For homeowners and investors alike, higher rates could mean a different landscape: mortgage payments may rise, but there could also be better returns on fixed-income options. Having navigated everything from first-time buyer jitters to investment flips, I know how important it is to keep these shifts in perspective when making real estate decisions. It's all about anticipating changes and planning accordingly—something I’ve always prioritized for my clients and my own family.

After nearly two decades helping Calgary families buy and sell homes, I’ve seen firsthand how interest rate cuts can move the market—but not always in the way you might expect. Central bank research shows that when rates drop, housing demand picks up quickly, with resales rising and the full impact showing up about 18 to 24 months later. But new construction? That takes even longer—housing starts only begin to climb around two years after a rate cut. It’s easy to think that cheaper borrowing will solve affordability, but the reality is more complex. When job markets are strong, buyers feel confident and are quicker to make a move, while builders need time to plan, get permits, and make sure projects pencil out—especially for multi-unit developments. Over time, more supply does come, but it always chases the demand that rate cuts spark. As someone who’s walked many clients through both hot and cool markets, I know true affordability takes more than a change in rates. It’s a reminder that navigating Calgary real estate means looking beyond the headlines and understanding the bigger picture.

There’s always something new unfolding in Canadian real estate, and right now, the story is shifting again. Lately, home sales across Canada are gaining momentum—though buyers are taking a cautious approach, and total activity is still a step behind last year. I’ve noticed listings are tightening up while sales edge forward, which is nudging the market toward a bit more balance between supply and demand. For those watching home prices, growth is steady and restrained—offering a welcome sense of stability, and avoiding the sharp corrections many feared. But it’s the regional differences that really stand out; every local market has its own rhythm. As someone who’s helped Calgary families navigate these ups and downs for nearly two decades, I know just how important it is to understand the unique dynamics in your area, whether you’re buying, selling, or just keeping an eye on what’s next.

Original owner, this beautifully maintained home offers over 2,400 sq. ft. of above-grade living space and backs onto peaceful municipal green space surrounded by mature trees. Recent improvements totaling over $26,000 provide exceptional peace of mind, including Poly-B plumbing replacement, sump pump addition, weeping tile work, driveway repairs, roof repairs, & furnace servicing. The home also features dual high-efficiency furnaces(2020), an updated hot water tank and two humidifiers.From the moment you arrive, the elegant curb appeal stands out with extensive stone detailing and aluminum-clad window trim accents. Step inside to a grand foyer and living room featuring soaring vaulted ceilings that create an impressive sense of space and light. The formal dining room showcases a hand-troweled ceiling with decorative ceiling ring and matching border, while double French doors provide a sophisticated connection to the kitchen. Rich oak flooring flows throughout the main floor, adding warmth and timeless appeal.The inviting family room is centered around a fireplace flanked by custom cabinetry and built-in bookshelves, creating the perfect gathering space. A spacious main-floor office with built-in cabinetry is ideal for working from home. The family-sized kitchen is thoughtfully designed with custom solid oak cabinetry, granite countertops, a newer gas range with downdraft ventilation(2023), newer dishwasher(2023), walk-in pantry, and a convenient wet bar situated between the kitchen and family room for effortless entertaining.Upstairs, double doors lead to the spacious primary retreat featuring two walk-in closets and a luxurious 5-piece ensuite. Two additional generously sized bedrooms and a 4-piece bathroom complete the upper level.The partially developed basement provides over 750 sq. ft. of additional living space and includes a bathroom rough-in, offering excellent potential for future development. Main-floor laundry includes a stacked washer and dryer, sink, and dedicated folding area. Additional features include wired surround sound and a wired security system. Step outside to enjoy the private deck and patio, beautifully enclosed by mature trees & backing directly onto municipal green space. This property combines quality craftsmanship, thoughtful design, substantial recent investment, and an outstanding location in a setting rarely available. Steps to bus stop and publice transportation.